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What is an Entrepreneurial Opportunity?

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Author Info
Jeffery McMullen ()
Lawrence Plummer ()
Zoltan Acs ()

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Abstract

The nature and source of entrepreneurial opportunity are important issues for understanding how markets function and come into being. In addition to describing the forum held on the topic and summarizing the contributions of the articles that appear in the special issue, this article shares a number of lessons learned during the workshop and the editorial process. We explore three of the most important reasons for confusion about the opportunity construct: (1) the “objectivity” of opportunity, (2) the perceived importance of one particular individual in determining the direction of the social world and (3) what distinguishes the sub-class of “entrepreneurial” opportunity from the broader category of opportunity in general. Finally, we offer some directions for future research by illuminating important issues that emerged from the workshop but that remain largely unanswered by the papers of this special issue. Copyright Springer Science+Business Media, LLC 2007

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File URL: http://hdl.handle.net/10.1007/s11187-006-9040-z
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Publisher Info
Article provided by Springer in its journal Small Business Economics.

Volume (Year): 28 (2007)
Issue (Month): 4 (April)
Pages: 273-283
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Handle: RePEc:kap:sbusec:v:28:y:2007:i:4:p:273-283

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Web page: http://www.springerlink.com/link.asp?id=100338

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Related research
Keywords: creation discovery entrepreneurial opportunity knowledge strategy D5 L26 M13

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. H. E. Frech III, 2003. "Introduction," International Journal of the Economics of Business, Taylor and Francis Journals, vol. 10(2), pages 133-133, July. [Downloadable!] (restricted)
  2. Israel M. Kirzner, 1997. "Entrepreneurial Discovery and the Competitive Market Process: An Austrian Approach," Journal of Economic Literature, American Economic Association, vol. 35(1), pages 60-85, March. [Downloadable!] (restricted)
  3. Scheuren F., 2003. "Introduction," The American Statistician, American Statistical Association, vol. 57, pages 253-253, November. [Downloadable!] (restricted)
  4. R. Kanbur & A.J. Venables, 2003. "Editors' Introduction:," Journal of African Economies, Oxford University Press, vol. 12(4), pages 473-475, December.
  5. J. Rajendran Pandian & Paul L. Robertson, 2003. "Introduction," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 24(4), pages 241-243. [Downloadable!]
  6. Simon, Herbert A, 1986. "Rationality in Psychology and Economics," Journal of Business, University of Chicago Press, vol. 59(4), pages S209-24, October. [Downloadable!] (restricted)
  7. Scheuren F., 2003. "Introduction," The American Statistician, American Statistical Association, vol. 57, pages 189-189, August. [Downloadable!] (restricted)
  8. Holcombe, Randall G, 2003. " The Origins of Entrepreneurial Opportunities," The Review of Austrian Economics, Springer, vol. 16(1), pages 25-43, March. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Jeroen de Jong & Sander Wennekers, 2008. "Intrapreneurship; Conceptualizing entrepreneurial employee behaviour," Scales Research Reports H200802, EIM Business and Policy Research. [Downloadable!]
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